Most Popular
-
1
[AtoZ into Korean mind] Humor in Korea: Navigating the line between what's funny and not
-
2
Yoon seeks rebound, taps 5-term lawmaker as chief of staff
-
3
Medical standoff deepens as doctors reject new med school plan, talks
-
4
N. Korea says Kim guided simulated nuclear counterattack drill
-
5
[Herald Interview] Why Toss invited hackers to penetrate its system
-
6
S. Korean envoys convene to navigate strategy amid Middle East tensions
-
7
[Graphic News] 77% of young Koreans still financially dependent
-
8
North Korea fires several short-range ballistic missiles into sea: JCS
-
9
Samsung, SK hynix investors dump shares on Nvidia crash
-
10
Suspect in murder of girlfriend's mugshot, name made public
-
K-water, Kyrgyzstan forge renewable energy, climate ties
Korea Water Resources Corp. is intensifying its international outreach to jointly tackle the climate crisis and bolster the export of water management technologies. In line with this initiative, the state-run water management agency announced on Tuesday that it has entered into multiple agreements with Kyrgyzstan to foster cooperation in the water sector and climate crisis response. Kyrgyzstan, a pivotal partner country for Korea, has previously concentrated its efforts in the environmental and
April 23, 2024
-
CJ's processed rice sales soar in North America
With the rising number of Korean restaurants abroad and the global appeal of Korean food, CJ CheilJedang's processed rice product is experiencing a surge in popularity across North America. CJ CheilJedang announced on Tuesday that sales of Bibigo Cooked Sticky White Rice amounted to 160 billion won ($116 million) last year in North America, marking a 21 percent increase from the previous year, and doubling the figures for 2021. Processed rice stands as one of CJ CheilJedang's seven key
April 23, 2024
-
LG CNS wins Google Cloud partner awards for second year
South Korean IT solutions provider LG CNS said Tuesday it has been named as the services partner of the year for the second consecutive year at the 2024 Google Cloud Partner Awards. The annual awards recognize the standout performance of both global and regional companies across 14 categories, including services, sales, technology and industry solutions. The service partner award is given to a company that provides differentiated services and supports the success of the customer's busines
April 23, 2024
-
[Exclusive] Korean military set to ban iPhones over 'security' concerns
South Korea’s military is considering a comprehensive ban on iPhones in military buildings due to increasing concerns about possible leaks of sensitive information through voice recordings, according to multiple military sources on Tuesday. The sources, a group of ranking officers who wished to speak on condition of anonymity, said that the Air Force headquarters released an internal announcement on the military's intranet server on April 11, instructing a complete prohibition on any
April 23, 2024
-
[Photo News] Garden for sustainable ecosystem
LG Electronics said Tuesday it opened a garden where pollen-carrying insects such as bees and butterflies, the populations of which have decreased due to climate change, can live stably, at its North American headquarters in New Jersey on Monday. Marking Earth Day on April 22, the tech giant held the Life's Good Earth Day Fair under the theme of "Better Life for All" to raise social interest in carbon neutrality and attract participation from community members. While some 700 peop
April 23, 2024
-
Posco completes new silicon anode material plant
Posco Group announced Tuesday the completion of a manufacturing plant specifically designed to produce silicon battery materials, laying the groundwork for next-generation secondary battery materials venture. Its battery materials unit Posco Silicon Solution completed a silicon anode material plant in the Yeongil Bay industrial complex of Pohang, North Gyeongsang Province, on Friday. Silicon anode material is a next-generation alternative boasting four times the energy density of graphite anodes
April 23, 2024
-
Posco confirms 7 missions to speed up innovation
Posco Group Chairman Chang In-hwa on Monday announced seven major tasks that the steel giant will tackle in the years to come, from consolidating its leadership in steelmaking and battery materials to improving the governance structure. The new missions come after Chang was appointed as the group’s new chairman on March 21. Chang, together with a 20-member task force, came up with the new tasks to enhance Posco’s competitiveness across key business areas. “Through the seven inn
April 22, 2024
-
Samsung, SK hynix investors dump shares on Nvidia crash
Investors of the two Korean chip makers – Samsung Electronics and SK hynix -- dumped their shares Monday after Nvidia, the US chip giant, lost almost 10 percent Friday -- its worst day since March 2020. Market heavyweight Samsung Electronics and its chip rival SK hynix opened weaker in the day compared to Friday’s closing. Samsung and SK hynix fell 1.93 percent and 0.98 percent, respectively, to end trading at 76,100 won ($55.14) and 171,600 won on the country’s benchmark Kospi
April 22, 2024
-
HD Hyundai Infracore zeroes in on European market
HD Hyundai Infracore, a construction equipment maker under Korean shipbuilding conglomerate HD Hyundai, will unveil its new fuel-cell electric wheel loader named the DL250-FCEV for the first time at the Intermat in France later this week, the company said Monday. The Intermat, one of the three biggest global construction machinery exhibitions along with the Conexpo in the US and Bauma in Germany, will take place at the Paris Nord Villepinte exhibition center Wednesday to Saturday. The constructi
April 22, 2024
-
[Herald Interview] Why Toss invited hackers to penetrate its system
In 2022, South Korean fintech app Toss launched the nation’s first bug bounty program by a finance company, inviting attacks on its security system from the outside. Operating the program for several months in the first two years, Toss has kept the doors open starting last year so that hackers can report whenever they discover a vulnerability in Toss security. White hat -- or ethical -- hackers that make a significant discovery are rewarded up to 30 million won ($22,000). Toss remains the
April 22, 2024
-
Posco charity foundation tackles disability challenges
The Posco 1% Foundation, founded in 2013, is funded by the donations of employees at South Korean steel giant Posco Group. Among the foundation's diverse charity projects is one aimed at supporting people with disabilities, particularly in career-seeking activities. According to a 2023 survey by the Korea Employment Agency for Persons with Disabilities, about 5 percent of the nation’s population is registered as disabled. The economic participation rate and employment rate of people w
April 22, 2024
-
[Hello India] Herald Media Group looks to deepen Korea-India partnership
Capitalizing on India's emergence as a key driver of global growth, the Herald Media Group is looking for ways to deepen Korea-India economic ties. Leading a delegation of experts, the media group's Chief Executive Officer Choi Jin-young visited India from April 4 to April 11 to engage and establish communication channels with think tanks, trade and business confederations representing small and large industries, local and regional government representatives and the media. The Herald M
April 21, 2024
-
Korea's food inflation surges to third-highest in OECD
South Korea's food inflation spiked to 6.95 percent in February, the third-highest among member countries of the Organization for Economic Cooperation and Development. The OECD statistics for February announced Sunday reveal that Korea ranks third among 38 OECD member countries in terms of food and non-alcoholic beverage inflation, trailing only Turkey with 71.12 percent and Iceland with 7.52 percent. This marks the first time in over two years that Korea's food inflation has exceeded
April 21, 2024
-
SK On wins Edison Award for cobalt-free battery
SK On, one of Korea’s leading electric vehicle battery manufacturers, has been awarded a Bronze at the 2024 Edison Awards for its innovative cobalt-free battery. The award, presented last Thursday, represents SK On's ongoing efforts to combine advanced technology with sustainable practices in the EV industry. The development of the cobalt-free battery by SK On is a notable breakthrough, addressing the critical challenges traditionally associated with cobalt use in batteries. Cobalt, w
April 21, 2024
-
[KH Explains] Will 6-day workweek for executives help Samsung avert crisis?
Doubts have been raised over Samsung Group’s latest decision to make the executives of its key tech affiliates -- Samsung Electronics, Samsung SDI, Samsung SDS and Samsung Display -- work an extra day per week as part of the group's emergency measures to tackle ongoing business uncertainties. Critics pointed out that the six-day workweek for executives is "outdated and inefficient," and that it lies in contrast to other local Big Tech firms who are following the global trend
April 21, 2024
-
[Photo News] Art for all
Hana Financial Group Chairman Ham Young-joo poses with award recipients, their families and Hana staff members at the award ceremony for the 2024 Hana Artverse, a contest for artists with developmental disabilities, at the firm's headquarters in central Seoul on Friday. The event, in its third year, aims to provide opportunities for artists with disabilities. The works of the 30 artists who were recognized at the event will be on display at the group’s open storage space, H.art1. (Han
April 21, 2024
-
HD Korea Shipbuilding to help SMEs cut greenhouse gases
HD Korea Shipbuilding & Offshore Engineering said Sunday it has partnered with Korea East-West Power and the Korea SMEs and Startups Agency to launch a joint initiative to reduce greenhouse gas emissions in the shipbuilding industry. The collaboration, inked at the HD Hyundai Global R&D Center, supports small to medium-sized shipyard suppliers. The program will swap outdated air compressors for high-efficiency units, potentially reducing annual emissions by 30 to 60 metric tons per devic
April 21, 2024
-
LX Pantos unveils expansive railway terminal in Hungary
South Korean logistics company LX Pantos has opened a vast railway terminal in Tata, Hungary, with aims to bolster its competitive edge in European logistics. Situated approximately 65 kilometers southwest of Budapest, the LX Pantos Tata Terminal strategically positions itself near Europe’s largest battery production hub. Encompassing an area of around 36,000 square meters, equivalent to roughly five soccer fields, the terminal includes two dedicated rail tracks. The inauguration ceremony
April 21, 2024
-
France rejects opening Paris flight routes to T'way Air, deals blow to Korean Air merger
French aviation authorities have rejected opening flight routes to Paris to T'way Air, the South Korean budget carrier, dealing a blow Korean Air's efforts to acquire Asiana Airlines, according to industry sources on Friday. The industry sources said the French aviation authorities delivered their opposition to T’way Air’s operations in Paris to both the South Korean government and Korean Air, citing "a violation of a mutual agreement between the two countries," m
April 19, 2024
-
SK hynix joins with TSMC to produce High Bandwidth Memory 4
SK hynix is joining hands with TSMC, the world’s top foundry, to develop High Bandwidth Memory 4 and cutting-edge packaging technology, the company said on Friday. Under the partnership agreement, the two sides plan to proceed with the development of HBM4, the sixth-generation model of the advanced memory chip, and enhance logic and HBM integration through advanced packaging technology, SK hynix said. "We expect a strong partnership with TSMC to help accelerate our efforts for open co
April 19, 2024